Increasing demand for light meters in the photography and
cinematography industry worldwide is driving the growth of the light
meter market

The light meter market is expected to grow from USD 305.1 million in
2018 to USD 417.4 million by 2023, at a CAGR of 6.47% between 2018 and
2023.

The increasing demand for light meters in the photography and
cinematography industry worldwide, regulations to improve workplace
lighting, and government initiatives toward the standardization of
lighting protocols are driving the light meter market. Major restraining
factors for growth of the light meter market include the development of
smartphone applications and light measuring devices to substitute light
meters.

The majority of the countries in APAC are in the developing phase. The
region mainly has emerging economies such as China, India, and South
Korea, which are witnessing rapid rate of industrialization. Also, the
majority of the market in APAC is still untapped for light meters and
holds great potential. The region is still untapped for the growth of
light meters and holds a lot of potential for growth in the upcoming
years.

Therefore, the market in APAC is expected to grow at the highest CAGR
during the forecast period. Photography and cinematography is the
rapidly growing industry in APAC, which effectively uses light meters.
Some of the countries in APAC such as India, China, and Japan have one
of the most revenue impacting film industries.

This report profiles some of the following key light meter
manufacturers in this market: